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The recent trade agreement between India and the United States is expected to significantly boost the Indian textile industry by opening up a $118 billion market in the US. This deal will eliminate the 18% tariffs on textiles, giving Indian exporters an edge over competitors from countries like Bangladesh, China,
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India's textile industry is a major employment source, significantly contributing to the economy with a workforce predominately made up of women. To enhance global competitiveness, the Indian government has prioritized international trade negotiations, including multiple Free Trade Agreements (FTAs), and has launched initiatives promoting the textile sector and
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The Union Budget 2026-27 emphasizes strengthening the textile sector through several initiatives aimed at increasing employment, exports, and sustainable manufacturing. Key measures include infrastructure development with Mega Textile Parks, support for MSMEs through liquidity flows, and skills enhancement initiatives like Samarth 2.0. Export growth and improved market conditions are
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The National Institute of Fashion Technology (NIFT) marked its 40th anniversary with the international conference 'Design for Inclusive Futures'. Union Minister of Textiles, Shri Giriraj Singh highlighted NIFT's significant role in India's textile sector and initiatives like IndiaSize, aligned with Aatmanirbhar Bharat's
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The Cotton Corporation of India (CCI) presented a dividend of ₹8.89 crore to the Union Minister of Textiles for the financial year 2024-25, amidst achieving a record turnover of ₹20,009 crore. The CCI's significant financial performance highlights its pivotal role in supporting cotton farmers and enhancing
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The National Textiles Ministers’ Conference in Guwahati focused on enhancing India's textile industry through innovation, sustainability, and heritage preservation. Officials discussed plans to increase textile exports to USD 100 billion by 2030, fostering competitiveness and branding. Efforts to preserve traditional textiles while upping market access were highlighted, with
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The National Textiles Ministers’ Conference, organized by the Ministry of Textiles, commenced in Guwahati with the aim of creating a robust roadmap for making India a global textile hub. Union Minister for Textiles, Shri Giriraj Singh, emphasized harmonizing production, exports, and sustainability, while advocating for investor-friendly policies at the state
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The Ministry of Textiles has reported significant progress in several key areas for the year 2025, including infrastructure developments under the PM MITRA scheme, a notable increase in textile exports, and advancements in various sectors like cotton and wool. The year also saw the successful hosting of Bharat Tex 2025,
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Efforts by the Indian government have significantly bolstered the competitiveness of the textile industry. Initiatives like the PM MITRA Parks Scheme and the Production Linked Incentive (PLI) Scheme are key drivers behind the recent surge in exports, which grew by 5.2% in FY 2024-25. A robust domestic raw material
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The National Industrial Corridor Development Corporation (NICDC) partnered with the Ministry of Textiles to hold a stakeholder consultation for the PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks. This initiative aims to promote partnership opportunities under the PPP model for the parks' development and operation across India.
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The National Industrial Corridor Development Corporation (NICDC), in collaboration with the Ministry of Textiles, held a stakeholder consultation to advance the PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks. These parks, planned under the public-private partnership (PPP) model, aim to establish robust, market-oriented frameworks and globally integrated textile
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The Ministry of Textiles has unveiled a series of initiatives aimed at enhancing the competitiveness of India's textile industry both domestically and internationally. These initiatives include the PM Mega Integrated Textile Regions and Apparel Parks Scheme and the Production Linked Incentive Scheme to promote large-scale manufacturing. Additionally, strategies